GUIDE 2026 QUESTIONS WITH SOLUTIONS
GRADED A+
⩥ sustainable competitive advantage. Answer: competitive advantage
that other companies have tried unsuccessfully to duplicate and have, for
the moment, stopped trying to duplicate
⩥ situational analysis (SWOT analysis). Answer: an assessment of the
strengths and weaknesses in an organization's internal environment and
the opportunities and threats in its external environment
⩥ portfolio strategy. Answer: a corporate-level strategy that minimizes
risk by diversifying investment among various businesses or product
lines
⩥ unrelated diversification. Answer: creating or acquiring companies in
completely unrelated businesses
⩥ BCG Matrix. Answer: a portfolio strategy developed by the Boston
Consulting Group that categorizes a corporation's businesses by growth
rate and relative market share and helps managers decide how to invest
corporate funds
, ⩥ star. Answer: a company that has a large share of fast-growing market
⩥ question mark. Answer: a company that has a small share of a fast-
growing market
⩥ cash cow. Answer: a company that has a large share of a slow-
growing market
⩥ dog. Answer: a company that has a small share of a slow-growing
market
⩥ grand strategy. Answer: a broad corporate-level strategic plan used to
achieve strategic goals and guide the strategic alternatives that managers
of individual businesses or sub-units may use in deciding what
businesses they should be in
⩥ growth strategy. Answer: increase profits, revenues, market share, or
the number of place (stores, offices, locations) in which the company
does business
⩥ five industry forces. Answer: 1. competitive rivalry
2. threat of new entrants
3. threat of substitute products or services
4. bargaining power of suppliers